'Another painful headache for shippers' as Asia-N Europe rate rally ends
It seems the recent container freight spot rate rally on the Asia-North Europe trade might ...
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By Mike Wackett
Shippers are bracing for a further broadside of rate increases in June across multiple trades, as ocean carriers beef up profits ahead of the peak season.
After a period of stability, following hikes of up to 200% in the second half of last year, transpacific carriers ...
Comment on this article
Gary Ferrulli
April 30, 2021 at 2:24 pmAfter losing $30. Billion in last 10 years, a welcome result to a capital intensive industry.
Peer Borgmann
May 03, 2021 at 6:39 amIt´s insane. Fully understand the equipment issues, but nobody can tell me that rates around 14k from Asia to the UK are justified.